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Aircraft Recycling Market Size
The global aircraft recycling market was valued at USD 5.3 billion in 2024 and is estimated to grow at a CAGR of 9.7% from 2025 to 2034.
The aircraft recycling industry is growing due to expanding global fleets and faster aircraft retirements. Airlines worldwide are upgrading to fuel-efficient models to meet environmental goals and cut costs. This trend leads to more frequent retirement of older aircraft, creating steady demand for dismantling and recycling services. Companies in the aircraft recycling sector are teaming up to improve sustainability and recycling processes. These partnerships bring together manufacturers, recyclers, and tech firms, combining their skills and resources.
For instance, in May 2024, TARMAC Aerosave and ATR expanded their partnership to improve recycling for regional aircraft. They aim to enhance end-of-life processes for ATR's planes by combining TARMAC Aerosave's dismantling expertise with ATR's environmental commitment. This collaboration showcases both companies' efforts to boost aviation sustainability through better recycling practices.
The aircraft recycling market is evolving, focusing on sustainability, efficiency, and technology. Companies are developing processes to maximize material recovery and reduce waste, while investing in advanced technologies like automation to improve dismantling precision. The industry is also seeing more partnerships between manufacturers, airlines, and recyclers to create comprehensive end-of-life solutions for aircraft.
How big is the global aircraft recycling market?
The global market size for aircraft recycling was valued at USD 5.3 billion in 2024 and is projected to reach USD 13.2 billion by 2034, driven by a CAGR of 9.7% from 2025 to 2034.
How much is the North America aircraft recycling market worth?
North America dominated the aircraft recycling industry in 2024 with a 53.6% share, driven by the U.S. market's focus on sustainability and eco-friendly recycling methods.
Who are the major players in the aircraft recycling business?
Major players in the industry include Aerocycle, Aircraft End-of-Life Solutions, Aircraft Recycling International Limited, Airbus, Apple Aviation, Athens Aeroservices, and Aviation International Recycling SL.
What is the market share of narrow-body aircraft in the aircraft recycling industry?
Narrow-body aircraft dominated the global market with a revenue of USD 3.2 billion in 2024, driven by their high numbers in short- and medium-haul flights.